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Vienna International Industrial Company News
Read the latest headlines about Austrian industries
Karl-Heinz Strauss new boss of Porr
The Carinthian project developer and CEO of numerous private foundations and major shareholder of Porr Karl-Heinz Strauss is the new boss of the construction company.
July 15, 2010
Austria's largest construction companies by revenue
Strabag SE in 2009 remained by far the largest construction company in Austria.
July 13, 2010
Andritz Hydro to supply propeller turbines for Lower Mattagami hydropower project, Canada
International technology Group Andritz has been awarded a contract by Kiewit-Alarie a Partnership to supply three propeller turbines and generators for the Lower Mattagami River Project being developed by Ontario Power Generation in Ontario, Canada.
July 13, 2010
Duel for lead of construction group
At the Board meeting next Thursday the new head of the construction at “Porr” could be decided.
July 12, 2010
Magna International AGM - Shareholders will vote about Frank Stronach’s future
The Austrian-Canadian supplier Magna International set a new general meeting for July 23rd, to vote about the retreat of founder Frank Stronach.
July 9, 2010
Voestalpine AG - Resolutions of AGM
Voestalpine AG Annual General Meeting approves dividend and share repurchase program.
July 8, 2010
Zumtobel AG - Announcement pursuant to § 93 of the Austrian Stock Exchange Act
Zumtobel, internationally leading supplier of integral lighting solutions for a variety of applications, announces that the capital decrease of 2009 led to an increase in the voting rights held by the members of the syndicate agreement to 35.3%.
July 6, 2010
Strabag loses job over €3b ($3,7b) in Bosnia
Strabag will terminate its order for a highway bypass in Bosnia. The project was not advertised, which is why the EBRD did not participate in the financing. The Austrian construction group Strabag is negotiating the resolution of a €3b motorway contra
July 5, 2010
MAN-Chief
The Austrian Georg Pachta-Reyhofen remains at the top of the German trucks and engineering group MAN.
July 2, 2010
Antitrust accusations against Polish subsidiary
The Polish Strabag subsidiary is under investigation for cartel collusion in public tenders.
July 2, 2010
Agrana Beteiligungs-AG - AGM approves unchanged dividend
The 23rd Annual General Meeting of AGRANA Beteiligungs-AG today voted to pay a dividend unchanged from the prior year - of EUR 1.95 per share for the completed 2009/10 financial year.
July 2, 2010
Voestalpine AG - EU fines steel producers - voestalpine affected by €22m
Voestalpine has today been informed that the EU Commission has imposed fines, following action taken against a number of European prestressing steel manufacturers, including voestalpine Austria Draht GmbH.
June 30, 2010
Wienerberger with dampened expectations
Wienerberger AG expects a relatively good spring quarter, but is running after lost revenue of the first month.
June 30, 2010
A-Tec wants private bonds.
Denomination of €1000 - termination, at violation of certain ratios The A-Tec intends to target private investors with their planned five-year bond (subscription period from June 1 to July 5). The nominal value amounts to €1000 ($1223). The expiring A-
June 30, 2010
Zumtobel AG - Financial results for 2009/10
The 2009/2010 Financial Year for the Zumtobel Group was shaped by the effects of the global economic crisis, but the development of revenues stabilised gradually during the course of the year. Revenues recorded by this Austrian lighting group, w
June 29, 2010
A-Tec Industries AG to float corporate bond
A-TEC Industries AG is currently in preparations to issue a corporate bond.
June 28, 2010
Stronach handing off control of Magna International
Shareholders decide on the planned restructuring of the international subcontractor- development of e-cars
June 28, 2010
Hirsch Servo shrinks Board
The listed Carinthian machine manufacturer and packaging supplier Hirsch Servo AG reduced its board. Chief Financial Officer Andrew Zois leaves the company, wanting to pursue new professional challenges.
June 28, 2010
Strabag keeps Implenia in suspense
Implenia, the largest Swiss construction company, always on the seeker-list from Strabag boss Hans-Peter Haselsteiner, is suddenly announcing intentions to sell.
June 25, 2010
KTM Power Sports AG - KTM speeds up earning rise in the third quarter
The KTM-group is expected to generate an EBIT of €12.4m in the 3rd quarter of 2009/10 and is heading for an overly positive business year 2009/10.
June 25, 2010
Zumtobel AG - CFO Thomas Spitzenpfeil to resign at the end of September 2010
Thomas Spitzenpfeil, Chief Financial Officer of the Zumtobel Group, has announced his intention to resign in order to pursue a career opportunity on the management board of a German corporation.
June 24, 2010
Siemens Austria wins award for research project
The research project Reconcile was awarded as best proposal for the funding program FIT-IT (Tesearch, Innovation, technology, information technology) in the program series "Semantic Systems and Services".
June 23, 2010
Wolfgang Hesoun is new head of Siemens - Porr boss succeeds Brigitte Ederer
On Wednesday the Supervisory Board of Siemens Austria will decide on the new head of the company.
June 15, 2010
Miba AG makes a strong start to the new business year
Miba, strategic partner to the international engine and automotive industry, had a strong start to the new business year.
June 11, 2010
AE&E scores a contract over EUR 20 million
The AE&E Group will supply three heat recovery steam generators for a new industrial combined cycle power plant in Stade a North German town, Lower Saxony.
June 11, 2010
Rosenbauer International AG - major order from Saudi Arabia
Rosenbauer, a leading manufacturer of fire fighting vehicles, has once again received a major order from the Saudi Arabian Ministry of the Interior.
June 8, 2010
Rosenbauer International AG - The new AT - the municipal fire service vehicle of the future
The AT from Rosenbauer has been a byword among fire services for more than 15 years. Moreover, ever since the first generation, it has been subject to ongoing improvements and in the meantime, over 2,000 vehicles are in operation worldwide.
June 7, 2010
STRABAG wins new large orders worth € 156 million in Romania and Abu Dhabi
STRABAG, Central and Eastern Europe’s largest construction company, has won two new large orders in Romania and Abu Dhabi.
June 2, 2010
Voestalpine - Difficult business year 2009/10 successfully mastered
Due to the extremely challenging economic circumstances, in the business year 2009/10, the voestalpine Group incurred a significant decline in revenue and operating result compared to the previous year.
June 1, 2010
Strabag to team up with Lafarage
Strabag boss Hans Peter Haselsteiner said today his company wanted to protect itself from volatile cement market prices as the firm is set to cooperate with the cement production’s world market leader.
May 26, 2010
Balda AG extends supervisory board
At the 11th general annual meeting the shareholders of the specialist in plastics Balda consistently approved the proposals of the company´s board of directors by a clear majority despite critical voices from shareholders.
May 25, 2010
Lafarge and Strabag to create a common company in cement in CEE
Lafarge, the world leader in building materials, and STRABAG, Central and Eastern Europe´s largest construction company, are combining their cement activities in several countries of Central Europe.
May 25, 2010
Andritz receives further major orders from stainless steel producers in China
International technology Group Andritz has received orders with a total value of about 50 MEUR from two stainless steel producers in China.
May 25, 2010
Siemens VAI Expands in China and India
Upper Austrian Siemens VAI wants to radically expand its activities in China and India.
May 25, 2010
Tiger Lacke to enlarge production capacity in China
According to the Austrian Times, upper Austrian firm Tiger Lacke has announced it will increase its production capacity from 10,000 to 15,000 tonnes of powder lacquer annually near Shanghai.
May 19, 2010
Alfred Gusenbauer will be Strabag's chief of supervisory board
The former SPÖ Chancellor succeeds Waldemar Jud as head of the supervisory board of Strabag.
May 18, 2010
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